The improvement of shilling liquidity in the market has maintained the overall interest rates that banks use to lend each ...

The first is a central bank able to conduct monetary policy with some degree of independence. No central bank can be entirely independent of government influence, but it must be free in choosing the ...

If there’s production there is money. It’s that simple. "Money” is merely an agreement about value among producers that ...

The meeting, chaired by PBOC Governor Pan Gongsheng, reaffirmed its commitment to follow the "moderately loose" monetary ...

However, with a single instrument—our policy interest rate—we can’t lean against weaker output and higher inflation at the same time. As we consider our monetary policy response, we will need to ...

The report also highlighted timely adjustments to the reserve requirement ratio and interest rates, while refining new structural monetary policy instruments to support the sound development of ...